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FTC Launches New Office of Technology to Bolster Agency’s Work
The Federal Trade Fee these days released a new Office environment of Technologies that will bolster the FTC’s ability to hold pace with technological issues in the electronic market by supporting the agency’s regulation enforcement and plan work. “For extra than a century, the FTC has labored to maintain pace with new marketplaces and ever-switching systems by making interior experience,” reported Chair Lina M. Khan. “Our place of work of know-how is a organic upcoming move in ensuring we have the in-household abilities necessary to totally grasp evolving systems and industry tendencies as we continue on to tackle unlawful organization procedures and secure People.” The Office of Technology will have committed personnel…
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FTC sending $415K to Tate’s Auto Group dealership customers
Much more than $415,000 well worth of refunds are on their way to 3,508 former buyers of the now-shuttered Tate’s Vehicle Group, the Federal Trade Commission introduced Sept. 15. The cash will compensate buyers who financed a car at a Tate’s Vehicle dealership and experienced the car or truck repossessed, in accordance to the FTC. The agency in 2018 alleged the four-locale Arizona and New Mexico group falsified purchaser cash flow and down payments on credit history apps — environment buyers up with loans they could not afford. Quite a few of the dealership’s buyers had been citizens of the Navajo Nation, according to the FTC. The payouts occur about…
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